Home Renovation Loans!

Don't wait, get started with a low rate personal loan for your home renovation!

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Getting a rate won't affect your credit score.
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Low Rates

Comparison rates from 6.99% p.a*

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No Ongoing Fees

No monthly or early repayment fees

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Credit Score Safe

Getting a quote won't affect your credit score

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Super Quick

Get a personalised rate in as little as 1 minute

Home renovation loans that reward good credit!

You might be looking at renovating to get that little bit extra in a sale, expand for a growing family or simply just to freshen up your space. With a SocietyOne personal loan:
  • You don’t need to access overdraft from your mortgage
  • Budgeting is made easier with one regular payment
  • Our great low rates mean you could save money on fees and interest
  • No early repayment fees mean you can pay your debt off sooner (like after sale) with no termination fees

Get a great rate!

Find out what your repayments could be 
with our SocietyOne personal loan calculator
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View the Fine Print

See how we compare to the big banks

Looking for a low rate loan with no ongoing fees? See how our comparison and interest rates measure up to Commonwealth Bank, Westpac, ANZ and NAB.

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Rates as of 10/09/2020

View the fine print

Applying for a Personal Loan is Easy!

1

Get Your Rate

In as little as 1 minute we’ll give you a rate based on your credit history

3

Get Your Funds

Once approved, we’ll have the funds in your account within
a few days!

2

Apply Online

Most people finish their application within 5 minutes

Don't Just Take Our Word For it
4.7/5 on Google reviews
4.8/5 on Productreview.com.au
The application process was easier than I thought. I had a message to call Graham from SocietyOne which I did and he was professional and very easy to talk to. A couple of questions later and now I can get on with my landscaping project. I can’t be happier.
We did much needed renovations on our house: painting, footing, window dressings, etc., and soon after it was my 50th birthday, so we decided to take a family cruise together. We made the most beautiful memories that we will all cherish forever! Thank you SocietyOne for making it possible for my family!
SocietyOne allowed us to build our dream home on an island with water views. SocietyOne made, what we thought to be impossible, reality. 18 months later we now thank you; We wake up each morning with the local bird life and the calmness of the island life. SocietyOne, thank you dearly.

Find Out Your Rate Now

Get a Quote!

Frequently Asked Questions

Are there any other fees and charges?

We charge a one-off establishment fee. This is included in your total loan amount. There are no monthly fees or early repayment fees. So you have the security of a fixed rate loan, with the flexibility to pay it off early.

How do I make repayments?

Repayments can be made in either fortnightly or monthly instalments, by direct debit.

If you wish to make extra payments, please contact our customer service team on customer.service@societyone.com.au. There are no fees or penalties for making extra payments or paying off your loan early.

If you are experiencing financial hardship and are having difficulty repaying your loan please contact customer service on customer.service@societyone.com.au.

Can I repay my loan early? Can I make extra payments?

Yes, absolutely. SocietyOne encourages responsible borrowing and provides repayment flexibility. You can either pay out your loan early or make lump sum payments during the life of your loan with no extra fees or penalty. If you wish to pay off your loan completely then please contact us at customer.service@societyone.com.au so that we can give you an accurate settlement quote.

Got more questions? Head to our frequently asked questions page for more answers.

Resources

A kitchen bench with windows facing out to rain.
How to prepare your home for weather
Find out more
3 buckets of paint at a construction site.
Where to skimp and where to save on home renovation
Find out more
A person with a phone looking at the SocietyOne quote page.
Repayment calculator
Find out more

Resources

A kitchen bench with windows facing out to rain.
How to prepare your home for weather
Find out more
3 buckets of paint at a construction site.
Where to skimp and where to save on home renovation
Find out more
A person with a phone looking at the SocietyOne quote page.
Repayment calculator
Find out more

The Fine Print

Information about SocietyOne borrowing rates
Tier 1 borrowers will receive an interest rate between 6.99% - 10.49% p.a. (comparison rate 6.99% - 12.21% p.a.). Tier 2 borrowers will receive an interest rate between 9.99% -12.19% p.a. (comparison rate 12.87% - 13.89% p.a.). Tier 3 borrowers will receive an interest rate between 11.99% - 14.99% p.a. (comparison rate 15.08% - 16.61% p.a.). Tier 4 borrowers will receive an interest rate between 14.99% - 20.49% p.a. (comparison rate 18.48% - 22.06% p.a.). Loan example: for a borrower with excellent credit (Tier 1 borrower), a loan of $10,000 over a 3 year term, with an interest rate of 8.99% p.a. (comparison rate 11.69% p.a.) and a $400 establishment fee, the fortnightly repayment would be $152 and the total cost over the life of the loan (including the establishment fee) would be $11,883.

Information about comparison rates
Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan.  The SocietyOne comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years.  WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

Information about personal loan calculator
The personal loan calculator provides an estimate of repayment amounts and is not a quote or an offer to provide credit.  Actual repayment amounts may be higher or lower depending on the interest rate assigned to your loan.  See above for more information about SocietyOne borrowing rates.  The comparison rate for 2 year and 3 year loans is based on a loan amount of $10,000 and for 5 year loans, the comparison rate is based on a loan amount of $30,000.  An establishment fee is added to your loan, based on your SocietyOne loan grade and the loan amount. The minimum establishment fee for most borrowers is $395 (except some Tier 1 (excellent credit) borrowers who will have a $0 establishment fee) and the maximum fee is $995.

Information about bank comparison table
All rates in the bank comparison table are based on an unsecured fixed rate personal loan of $10,000 over 3 years. The SocietyOne rate is the lowest available rate for a borrower with excellent credit (Tier 1 borrower).  See above for more information about SocietyOne borrowing rates.  The comparison table does not take into account short term bank promotional rates.

Canstar 5-star Rating was awarded on 7th of November 2019 for the Unsecured Loan – Excellent Credit Product for the Unsecured Personal Loan profile.

SocietyOne Australia Pty Limited ACN 151 627 977 holds Australian credit licence no. 423660. Credit is subject to SocietyOne’s standard terms and conditions and lending criteria.